Sun Life Institutional Investments (U.S.) LLC (Wellesley Hills)

Sun Life Institutional Investments (U.S.) LLC is a large advisory firm based in Wellesley Hills. It manages $35.49 billion of regulatory assets for 29 client accounts. It has been registered with the SEC as an adviser since 2016.

Sun Life Institutional Investments (U.S.) provides portfolio management for businesses and institutional clients, selection of other advisers, and mortgage and real estate advisory and administrative services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sun Life Institutional Investments (U.S.): assets under management

The assets under management (AUM) of Sun Life Institutional Investments (U.S.) LLC is $35.49 billion. The firm's AUM has grown by 7% since the beginning of its operation, and $32.57 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $30.38 billion in discretionary accounts and $5.11 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.13 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.56 billion.

Investments

The firm invests in other assets the most. They account for 38% of the total AUM. The second-largest asset type is government bonds, which make up 5% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sun Life Institutional Investments (U.S.) LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Sun Life Institutional Investments (U.S.) serves?

The firm provides services to insurance companies and corporations or other businesses. The largest group of clients of Sun Life Institutional Investments (U.S.) is insurance companies with 27 clients and $35.47 billion of assets under management. Among the 10 most similar advisory firms, Sun Life Institutional Investments (U.S.) has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $35.49 billion for 29 clients. 28% of the firm’s clients are foreign persons or businesses.

Sun Life Institutional Investments (U.S.) doesn't advise any private funds.

Careers at Sun Life Institutional Investments (U.S.) LLC

The company employs 79 people that are either part- or full-time employees. 96 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Sun Life Assurance Company Of Canada U.S. Operations Holdings	Sole member	1 Dec 2004	75% - 100%	04-3401283
John Thomas Donnelly	President and manager	1 May 2009	Other	4357247
Andrew Stephan Harris	Managing director and chief compliance officer	1 Jul 2010	Other	2995024
Kerri Riley Ansello	Secretary	1 Mar 2013	Other	5984616
Neil Leonard Haynes	Treasurer and chief financial officer and manager	1 Sep 2014	Other	6405143
Randolph Brill Brown	Chief investment officer and manager	1 Feb 2016	Other	1399450
Thomas Robert Phillips	Director, compliance & chief compliance officer	1 Apr 2017	Other	6787213
Colleen Louise Kallas	Secretary	1 Nov 2017	Other	6910605
Amy Susan Marjani	Director, chief compliance officer	1 Feb 2018	Other	2420495
Marlene Frances Van Den Hoogen	Senior vice president, chief financial and operations officer, treasurer, and manager, board of managers	1 May 2019	Other	7118002

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Sun Life Financial Inc.	Sole shareholder	1 Dec 2004	75% - 100%	98-0226074
Sun Life Global Investments Inc.	Sole shareholder	1 Dec 2004	75% - 100%	none
Sun Life 2007 1 Financing Corp	Shareholder	1 Nov 2016	75% - 100%	98-0645594
Sun Life 2007 1 Financing Corp.	Sole shareholder	1 Nov 2016	75% - 100%	98-0645594

Based in Wellesley Hills

The principal office where Sun Life Institutional Investments (U.S.) LLC performs its advisory services is located at One Sun Life Executive Park, Wellesley Hills, MA 02481 5699, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 781-446-1177 or by fax 781-304-5569. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday.